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We’re in an economic war with China. It’s futile to compromise

10 points by ycombonator 7y ago

NotSammyHagar 7y ago
So Bannon is often full of BS. But he makes a few points that are good and others that are ridiculous or just embarrassing. Much of what he wrote is reasonable, one thing was clearly wrong (point three, western companies would just crush Chinese companies except for forced IP migration). Some rust belt voters liked Trump's racist complaints about Mexican Immigrants but not all voters were going on that - many rust belters were also looking for someone to provide them some hope about their towns where the factories closed and there was little opportunity. Sadly HRC did a poor job of addressing this. Forced transfer and govt. propping up some companies are obviously bad for other countries. But on point three he is laughable far off the mark. There was a time when China wouldn't have been able to compete with the us is many markets with significant IP but those days are gone for most products imho. Chinese internet based companies are world beaters or at the least many of them make great products, and about the only way companies like Huawei will be stopped will be if we don't let them enter our markets as a whole. In field after field the Chinese 996 work life is giving them tremendous progress in design and implementation of electronics, software, and the technology to build things. The us is arguable way way behind them in manufacturing, we've lost our infrastructure, factories and expertise in many cases. We are in a battle with them for world supremacy, it's been clear for a long time. But he is wrong that the west will just win if we and they open their markets. We'd be in serious jeopardy if we competed with them on an even playing field. My experience with Chinese engineers who have come to work in the us is that they are excellent. Yes, there are companies that are stealing ideas, but more and more of them are really succeeding.
- 996 7y ago
  Hmmm, so this brings an interesting contrast up. Because China enslaves a brainwashed (largely or mostly) male (due to birth control policies) workforce, the United States can never afford to provide Universal Basic Income or ever attempt to balance gender ratios, because these would be massive setbacks to competition overseas. Interesting. So, as an American, I'm defacto worked to death, surrounded by obnoxious bro cultures, by way of induction on the other side of the planet. Sounds like a good reason to drop out and do nothing.

10 points by ycombonator 7y ago

So Bannon is often full of BS. But he makes a few points that are good and others that are ridiculous or just embarrassing. Much of what he wrote is reasonable, one thing was clearly wrong (point three, western companies would just crush Chinese companies except for forced IP migration). Some rust belt voters liked Trump's racist complaints about Mexican Immigrants but not all voters were going on that - many rust belters were also looking for someone to provide them some hope about their towns where the factories closed and there was little opportunity. Sadly HRC did a poor job of addressing this. Forced transfer and govt. propping up some companies are obviously bad for other countries. But on point three he is laughable far off the mark. There was a time when China wouldn't have been able to compete with the us is many markets with significant IP but those days are gone for most products imho. Chinese internet based companies are world beaters or at the least many of them make great products, and about the only way companies like Huawei will be stopped will be if we don't let them enter our markets as a whole. In field after field the Chinese 996 work life is giving them tremendous progress in design and implementation of electronics, software, and the technology to build things. The us is arguable way way behind them in manufacturing, we've lost our infrastructure, factories and expertise in many cases. We are in a battle with them for world supremacy, it's been clear for a long time. But he is wrong that the west will just win if we and they open their markets. We'd be in serious jeopardy if we competed with them on an even playing field. My experience with Chinese engineers who have come to work in the us is that they are excellent. Yes, there are companies that are stealing ideas, but more and more of them are really succeeding.

996 7y ago
Hmmm, so this brings an interesting contrast up. Because China enslaves a brainwashed (largely or mostly) male (due to birth control policies) workforce, the United States can never afford to provide Universal Basic Income or ever attempt to balance gender ratios, because these would be massive setbacks to competition overseas. Interesting. So, as an American, I'm defacto worked to death, surrounded by obnoxious bro cultures, by way of induction on the other side of the planet. Sounds like a good reason to drop out and do nothing.